Baby boomers in America, including author Robert Kiyosaki, face a potential wave of homelessness due to the Federal Reserve’s policies. Kiyosaki blames the Fed for fueling inflation and benefiting asset owners over the poor and middle class (1). He advocates for assets like gold and cryptocurrencies as hedges against inflation and economic uncertainty (2).
Kiyosaki predicts hyperinflation following the Fed’s interest rate cuts and advocates for investments in gold and cryptocurrencies like Bitcoin and Ethereum (3). He believes that boomers, like himself, will be hit hard by inflation, potentially leading to homelessness due to insufficient savings and inadequate Social Security benefits (4).
Real estate is another asset class Kiyosaki recommends for bracing against inflation. He believes income-producing properties can provide steady cash flow during economic downturns (5). Platforms like Arrived and mogul offer opportunities to invest in real estate with low minimums and high returns (6).
For landlords seeking to streamline property management, Baselane offers an all-in-one platform for managing properties, tenants, and finances (7). Additionally, Priority Gold provides tax-advantaged gold IRAs as a hedge against inflation and economic uncertainties (8).
Kiyosaki’s warnings and recommendations highlight the need for baby boomers and investors to diversify their portfolios and protect against potential financial challenges ahead (9). Investing in tangible assets like gold and real estate, as well as cryptocurrencies, can help mitigate the impact of inflation and economic instability (10).
Read more at Yahoo Finance: Baby boomers could be ‘wiped out’ and homeless ‘all over.’ How to protect yourself
